... Pioneer report explores higher ed's capacity to prepare students for fintech industry ...... Farley-Bouvier, Lewis to lead 60-member House Progressive Caucus ...... Partners hosting World Medical Innovation Forum in Boston April 8-10 ...... Drug epidemic fuels call for more early intervention services, eligibility changes ...... MCLA announces new certificate program in network security ...... Boston showers 221 arts organizations with $480,000 in grant funds ...... Tobacco, e-cigarette tax increases on to-do list for Cancer Action Network ...... Justice system reforms adding to workload for Turco, public safety secretariat ...... Baker nominates Gregory White for Superior Court ...... Hundreds to gather outside Baker's office to urge him to veto conversion therapy ban bill ...... Warren visiting New Hampshire Saturday and Sunday ...... Liability issues and "enabling addiction" color debate over supervised injection sites, Diehl says ...... Mandated reporter, foster parenting, child marriage bills up for March 26 public hearing ...... DNC scheduled for Milwaukee on July 13-16, 2020, right in middle of last month of formals ...... McMurtry cleared after investigation, appointed without objection as Tourism Committee chairman ...... Conversion therapy ban, cap on kids lift bills now in Senate's court ...... Six years after last transpo $$$ debate, DeLeo says "everything" is on the table ...... Foster care, drug pricing, nursing homes flagged as challenges by HHS Secretary Sudders ...... Education Committee prioritizes education financing bills, sets March 22 public hearing ...... MBTA train riders will see fare hikes July 1, the same date that paid leave payroll taxes begin ...... Democratic Party releases 2020 DNC delegate section plan, vote planned at April 6 meeting ...
Latest Headlines:
House:
ADJOURNED 'til Monday at 11 a.m. (informal)
Senate:
ADJOURNED 'til Monday at 11 a.m.

MTF: COLLECTIONS THROW UP "YELLOW LIGHT" ON SPENDING

A 6 percent year-over-year drop in January tax collections should be a "yellow light" for lawmakers as they draft plans for new spending in fiscal 2020, a business-backed state watchdog group said.

Massachusetts Taxpayers Foundation President Eileen McAnneny said Wednesday that with revenues trailing fiscal 2019 budget benchmarks by $400 million with five months left in the fiscal year, the state this year may be on track to make a smaller deposit into its rainy day fund than expected. That is because lower than expected capital gains tax revenues, which officials say may be underperforming, will automatically cut into an expected $489 million transfer.


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